Hi Pete,
I refer to my earlier post on BR valuation. One the one hand, the Board is right to withdraw the 16% sale of BR to CY if the BR is worth a lot more than $162.5m. But again, who controls the Board? CY!!!
One the other hand, it is cheaper for CY to fully control NTU. CY should have a pretty good idea what is in the ground. It all depends on what sort of game CY wants to play. I believe the retail shareholders are at his mercy on his possible takeover play.
DYOR
bloomberg, page-6
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $147.0M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $41.22K | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4720964 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 5344126 | 12 |
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| Last trade - 15.35pm 07/11/2024 (20 minute delay) ? |
| NTU (ASX) Chart |